u/AdVisual3037

Beginning my finance journey

For context i’m a 21F (almost 22) Canadian. I’m working 20-30 hours a week and my biweekly pays out any where between $500-900 depending on my hours since my hours are not guaranteed. Right now I have absolutely no debt and I live with my parents so i want to take advantage of this opportunity to save and invest my money as much as possible. This is also my first time making a post on reddit so bare with my lingo.

For a long time, i’ve been awful with my money, spending money left and right without any consequence but as I grow older I regret doing that and I am looking forward in becoming a more reliable adult for myself and making smarter and wiser decisions.

I’ve been scrolling on Fican subreddit for some time and i’ve been inspired to start investing and putting money away. I’ve seen lots of people buy stocks and other assets as well and they’re making over 100,000 (i understand it takes time to accumulate) but i honestly have no idea how to start or what to do. I don’t want to hire a financial advisor either. Right now I’ve just opened up a TFSA with Wealth simple and so far only put $200 in it. How do I get to the point where many people my age are at, making 100,000 and so forth. I’m not the greatest at math either and all these stocks and so forth make me so confused. Can somebody help me?

reddit.com
u/AdVisual3037 — 1 day ago

Beginning my finance journey

For context i’m a 21F (almost 22) Canadian. I’m working 20-30 hours a week and my biweekly pays out any where between $500-900 depending on my hours since my hours are not guaranteed. Right now I have absolutely no debt and I live with my parents so i want to take advantage of this opportunity to save and invest my money as much as possible. This is also my first time making a post on reddit so bare with my lingo.

For a long time, i’ve been awful with my money, spending money left and right without any consequence but as I grow older I regret doing that and I am looking forward in becoming a more reliable adult for myself and making smarter and wiser decisions.

I’ve been scrolling on Fican subreddit for some time and i’ve been inspired to start investing and putting money away. I’ve seen lots of people buy stocks and other assets as well and they’re making over 100,000 (i understand it takes time to accumulate) but i honestly have no idea how to start or what to do. I don’t want to hire a financial advisor either. Right now I’ve just opened up a TFSA with Wealth simple and so far only put $200 in it. How do I get to the point where many people my age are at, making 100,000 and so forth. I’m not the greatest at math either and all these stocks and so forth make me so confused. Can somebody help me?

reddit.com
u/AdVisual3037 — 1 day ago